Economic Analysis and British Experience
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Regulatory Reform by Mark Armstrong
Book DescriptionRegulatory reform had its beginnings in the United States in the 1970s, and today it is taking place around the globe. One of the central questions for industrial policy is how to regulate firms with market power. Regulatory Reform tackles this important policy issue in two parts: it describes an analytical framework for studying the main issues in regulatory reform, and then applies the analysis to the British experience in four utility industries - telecommunications, gas, electricity, and water supply.Britain's utility industries, state-owned monopolies just ten years ago, offer a dramatic example of comprehensive reforms with parallels elsewhere: industries have been restructured, markets have been liberalized, and new regulatory methods and institutions have been created. The authors focus on common policy questions that arise in each industry while taking into account the considerable diversity between the industries and the different reform policies adopted.The analysis and experience in Britain's utility industries also provides a rich variety of issues concerning monopolistic and anticompetitive practices that are of interest for competition policy in general.Regulation of Economic Activity series
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Book DetailsISBN: 9780262510790
(226mm x 150mm x 22mm)
Imprint: MIT Press
Publisher: MIT Press Ltd
Publish Date: 2-Dec-1994
Country of Publication: United States
Books By Author Mark Armstrong
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Combat and Capture, Paperback / softback (August 2009)
Combat and Capture is the story of Flight Lieutenant Claude W. McCrocklin at the height of World War II. Shot down over enemy held territory, he survived combat, capture, and Russian liberation to return home in 1945.
Property for Life, Paperback (July 2008)
Property for Life is an essential guide to the property and finance decisions that Australian homebuyers and investors face throughout the various ages and stages of their lives. Property for Life is the story of Jim and Jane and their property decisions.
Handbook of Industrial Organization, Hardback (September 2007)» View all books by Mark Armstrong
Suitable as a teaching supplement for industrial organization, or industrial economics, the microeconomics field that focuses on business behavior and its implications for both market structures and processes, and for related public policies.
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Author Biography - Mark Armstrong
Simon Cowan is University Lecturer in Economics at the Department of Economics at Oxford.
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